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  • Lorie Logan, president and chief executive officer of the Federal Reserve Bank of Dallas, speaks during an interview in Dallas, Texas, US, on Thursday, Feb. 15, 2024. Logan became president of the Dallas Fed in August 2022 after more than two decades at the New York Fed, where she rose from an entry-level analyst to become one of its most senior officials, managing the central bank’s balance sheet. Photographer: Shelby Tauber/Bloomberg via Getty ImagesFinance

    For Fed president it’s ’just too early to think’ about cutting as economists ask if U.S. interest rates are high enough to beat inflation

    By Christopher Rugaber and The Associated Press
  • shopper passes a display of televisionsFinance

    Inflation and unemployment fears send consumer sentiment tumbling to a 6-month low, adding to red flags from Starbucks, McDonald’s

    By Christopher Rugaber and The Associated Press
  • Jerome Powell, chairman of the US Federal Reserve, during the Macroeconomics and Monetary Policy Conference at the Federal Reserve Bank of San Francisco in San Francisco, California, US, on Friday, March 29, 2024. Inflation has slowed substantially since peaking in mid-2022, but the rapid progress seen late last year back toward 2% has seemingly hit a roadblock. Photographer: David Paul Morris/Bloomberg via Getty ImagesFinance

    Federal Reserve says ‘lack of further progress’ on inflation will keep interest rates at 2-decade highs

    By Christopher Rugaber and The Associated Press
  • FILE- In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. (AP Photo/Andrew Harnik, File)Personal Finance

    How the baby boomer ‘wealth effect’ is driving inflation: it’s ‘the richest retiring generation we’ve ever had’

    By Christopher Rugaber and The Associated Press
  • Products displayed inside a Five Below store in Hudson, New York, US, on Friday, March 15, 2024. Five Below Inc. is scheduled to release earnings figures on March 20. Photographer: Angus Mordant/Bloomberg via Getty ImagesFinance

    Fed’s favorite inflation gauge accelerated in March, spelling trouble for rate cuts—and Biden’s re-election bid

    By Christopher Rugaber and The Associated Press
  • Jerome PowellFinance

    Powell threatens to keep interest rates high ‘as long as needed’ as recent data show it’s ‘likely to take longer than expected’ for inflation to fall

    By Christopher Rugaber and The Associated Press
  • Philip Jefferson, vice chair of the Federal ReserveFinance

    Another top Fed official warns of higher-for-longer interest rates: ‘Sustainably restoring 2% inflation is not yet done’

    By Christopher Rugaber and The Associated Press
  • Female shopper in frozen aisleFinance

    Consumers are getting more pessimistic as inflation refuses to fall

    By Christopher Rugaber and The Associated Press
  • Jerome PowellFinance

    ‘The way to solve an inflation crisis is to endure an immigration crisis’: The mystery in the labor market finally gets explained

    By Paul Wiseman, Gisela Salomon, and others
  • Jerome PowellFinance

    Federal Reserve minutes reveal that all 19 officials were bracing for another hot inflation read

    By Christopher Rugaber and The Associated Press
  • Jerome PowellFinance

    Inflation still hot in March, giving pause to Fed as it weighs whether to cut rates this year

    By Christopher Rugaber and The Associated Press
  • U.S. Treasury Secretary Janet Yellen, left, shakes hands with Governor of the People’s Bank of China Pan Gongsheng as they meet at the People’s Bank of China in Beijing Monday, April 8, 2024. (AP Photo/Tatan Syuflana, Pool)Finance

    What’s behind the U.S.-China spat over Chinese ‘overcapacity’ and its ‘existential threat’ to the world’s auto and other industries

    By Christopher Rugaber and The Associated Press
  • Jerome Powell speaks at a news conferenceFinance

    Top economist says the Fed will not cut rates this year as the labor market remains strong: ‘Higher for longer is the answer’

    By Christopher Rugaber and The Associated Press
  • Jerome PowellFinance

    Powell still sees rate cuts this year with inflation falling on a ‘bumpy’ path

    By Christopher Rugaber and The Associated Press
  • Jerome PowellFinance

    Fed still sees 3 rate cuts this year: ‘Strong job growth is not a reason for us to be concerned about inflation’

    By Christopher Rugaber, The Associated Press, and others